Ford’s comments come a day after the union unexpectedly launched a strike at the automaker’s highly profitable SUV and pickup truck plant in…
Ford Motor is"at the limit" of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday.
His comments come a day after the union unexpectedly launched a strike at the automaker's highly profitable SUV and pickup truck plant in Kentucky.is"at the limit" of what it can offer the United Auto Workers union in terms of economic concessions, an executive said Thursday as contract negotiations continue for roughly 57,000 U.S. workers.
"We've been very clear that we are at the limit. We stretched to get to this point," Galhotra said Thursday during a media and analyst call."Going further will hurt our ability to invest in the business like we need to invest.""We're surprised by the escalation last night," Galhotra said."Kentucky Truck Plant is one of the most important manufacturing plants of any kind in America.
Ford's most recent proposal included 23%-26% wage increases depending on classification; retention of platinum health care benefits; ratification bonuses; reinstatement of cost-of-living; and other benefits.
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